1231 S Rowan Avenue, Los Angeles, California 90023, Los Angeles, 90023 - 6 bed, 5 bath
Loading property details...
1231 S Rowan Avenue
Los Angeles, California 90023
ACTIVE
CONDITION: EXCELLENT
6Beds
5Baths
2,863Sq Ft
5,338Lot Size
Property Price
LIST PRICE$1,490,000
EST. MARKET VALUE
$1,490,000
SUMMARY
This Multi-Generational Dual-Residence Property is a Strong Value Opportunity, listed at $1,490,000, which aligns with its $1,490,000 Fair Market Value. Featuring a 2026 Brand New Construction main house and a leased front unit, the property boasts a Mint Condition Rating. With a 4-car garage and a second-floor terrace offering mountain views, it provides a rare blend of modern luxury and immediate rental income. This "house hacking" asset is perfectly suited for Buy-and-Hold Investors or Owner-Occupants seeking a high-end, low-maintenance lifestyle in Los Angeles.
Estimated Market Value
$1,490,000
Based on Realkey algorithm analyzing recent comparable sales in Los Angeles.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Excellent
TeardownExcellent
Property is new construction or fully renovated.
This is a brand new 2026 construction in mint condition. The property features a modern kitchen with quartz countertops and shaker cabinets, contemporary bathrooms with new fixtures, and all-new systems (HVAC/Electric) requiring no maintenance.
PROSSTRENGTHS & OPPORTUNITIES
- Brand New Construction
The 2026-built main residence offers modern luxury with a three-story layout, triple-exposure natural light, and a spacious second-floor terrace, ensuring low maintenance and contemporary appeal.
- Income-Generating Potential
The property includes a separate, leased front unit generating $2,100 monthly, providing immediate cash flow to offset mortgage costs and making it an ideal 'house hacking' opportunity.
- Superior Parking Capacity
Featuring a rare four-car garage, this property provides exceptional parking and storage space that is highly uncommon and adds significant value in the Boyle Heights area.
CONSRISKS & DEFICIENCIES
- Extended Market Time
With over 270 days on the market and a recent price increase, the property may face appraisal challenges or buyer hesitation regarding its current valuation.
- Limited Private Yard Space
The high-density configuration of two separate homes and a large garage on a 5,338 sqft lot leaves very little traditional outdoor yard space for recreation or gardening.
About 1231 S Rowan Avenue
2026 BRAND NEW Luxury 3-Story Home + Income-Generating Unit! RARE OPPORTUNITY IN BOYLE HEIGHTS! Welcome to this stunning, multi-generational dual-residence property featuring a BRAND NEW (2026) 2,273 sqft 3-story back house and a charming 590 sqft front house with reliable income. THE MAIN RESIDENCE (Rear House): Experience modern luxury in this massive 4BR/4BA masterpiece. Designed with triple-exposure (East, South, West) for incredible natural light throughout the day. • Lifestyle: Enjoy sun-drenched mornings on your expansive 2nd-floor terrace facing East. • Space: Three levels of meticulously designed living space, perfect for large families or those seeking a home office with a view. • Parking: Rare and spacious 4-car garage—a true luxury in Los Angeles! THE INCOME PRODUCER (Front House): A cozy, well-maintained 2BR/1BA unit currently leased at $2,100/month (1-year lease signed Jan 2026). This steady cash flow can significantly offset your mortgage, making high-end living more affordable than ever! INVESTOR & BUYER PERKS: • SELLER CREDIT: Motivated Seller is offering 1% to 3% CREDIT to buyers for interest rate buy-down or closing costs! • Efficiency: Separated utilities for easy management. • Location: Prime East LA location with easy access to the 5, 60, and 710 freeways, minutes from DTLA. Live in luxury while your tenant helps pay the mortgage. This is the ultimate "House Hacking" dream! Don’t miss out—schedule your tour today!
Property Details
Public Facts
- Property Type
- Duplex
- Year Built
- 2026
- Lot Size
- 5,338 Sq. Ft.
Interior
- Total Bedrooms
- 6
- Total Bathrooms
- 5 (5 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 6.0 | 4.6 |
| Baths | 5.0 | 3.0 |
| Square foot | 2,863 | 2,187.451 |
| Lot Size | 5,338 | 5,841.385 |
| Price | $1.49M | $841.5K |
| Price per sq ft | $520 | $385 |
| Built year | 2026 | 1928 |
| HOA | $0 | $0 |
| Days on market | 312 | 85 |
Pricing History
Listed for Sale
Feb 6, 2026
$1,490,000
$1,450,000
+3% Price Increase
Initial Listing
Price Change
Nov 1, 2025
$1,450,000
Initial Listing
Sold
Feb 9, 2022
$455,000
Public Record